I would love to see that implemented. Personally I cannot see why the developer would stand behind one particular method for treatment of payroll deduction and label every other method “the wrong way.” But that seems to be the situation here.
Many have made the same or similar requests for a variety of reasons like display of full gross pay, legal compliance andstreamlining of payroll process. Here are some examples.
Is it possible to relax the excessive restrictions in these areas because it does not apply to every business everywhere.
In my example, in Bahrain, we have a compulsory defined contribution plan with the Social Insurance Organization run by the government which dictates that 7% of gross pay to be borne by Employee (Deducted by the Employer) and 12% contribution by the employer. Every month, the Social Insurance Organization issues an invoice for the total 19% detailed earlier (with variances m…
how can i do the amount deduction from employee is other revenue account where account is related to only liabilities .
thank you
Payslip deductions are showing as “Payroll liabilities” when they should not be. I pay my staff via Western Union and it’s the member of staff who pays for the Western Union fee. I list the Western Union fee as a Deduction on the payslip. Then I note the NET pay and that’s the exact amount I record as an expense. However all of the deductions are showing as “Payroll liabilities”. Have I done something wrong?
Sometimes employees take unpaid leave. As we cannot reduce their monthly pay amount, we show the leave deductions in deduction loss of pay. These are now showing in payroll liabilities in summary page.
Tut,
Having gone through the payslip deductions write ups.
Did not see any solution as regards to treatment of staff lateness to work on payslip.
How should it be treated under deductions on payslip?
For it is not a Payroll liability.
Assist please.
And lo and behold, there’s actually an idea for that that I missed the whole time.
Currently the “Payslip Deductions Items” is structurally limited to Balance Sheet Liability accounts as there is a presumption that payslip deduction items can only relate to external 3rd party transactions, however, there are situations that exist where the payslip deduction item is an internal transaction - employer to employee - and therefore require a direct P&L account allocation.
Some examples are:
An employer who charges rent for business owned accommodation
An employer who charges pri…
I am going to vote for it and you can vote for that idea if think it should be implemented.